Alarab Education Foundation
- Assets
- $3.7m
- Revenue
- $255.5k
- Investments
- $3.6m
- Employees
- 0
- Location
- Wailuku, HI
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-2956336
Organization Overview
Alarab Education Foundation is located in Wailuku, HI. The organization was established in 2010. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alarab Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Alarab Education Foundation generated $255.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $273.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Alarab Education Foundation has awarded 16 individual grants totaling $1,163,542. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan M Alarab Director | 1 | $10,500 | |
Yasamin R Alarab President | 0.02 | $10,500 | |
Bradley J Glenn Director | 0.02 | $10,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,741 |
| Interest on Savings | $25 |
| Dividends & Interest | $116,327 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,023 |
| Capital Gain Net Income | $7,023 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $101,392 |
| Total Revenue | $255,508 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,826 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $676 |
| Printing and publications | $0 |
| Other expenses | $23,825 |
| Total operating and administrative expenses | $60,027 |
| Contributions, gifts, grants paid | $213,361 |
| Total expenses and disbursements | $273,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,210 |
| Savings and temporary cash investments | $58,992 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $47,124 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,660,110 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Alarab Education Foundation has awarded $213,361 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: FOR EDUCATIONAL SCHOLARSHIPS. | $200,950 |
UNIVERSITY OF PENNSYLVANIA PURPOSE: FOR EDUCATIONAL SCHOLARSHIPS. | $12,411 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |
Marks Family Foundation Redwood City, CA | $49,983,289 | $16,693,138 |
Herbalife Nutrtion Foundation Los Angeles, CA | $22,239,401 | $8,092,128 |
Kla-Tencor Foundation Milpitas, CA | $26,702,881 | $5,233,772 |
Walter J & Betty C Zable Foundation San Diego, CA | $89,922,595 | $8,940,204 |